Did you know that almost half of the world population has an internet connection today!
That means more than 3,420,000,000 internet users in the World. In the US alone there will be 211 million online shoppers in 2016.
So, without surprise, the internet is the best place to easily reach a huge number of targeted buyers. You can do it from home, anywhere in the world as long as you have an internet connection.
But is it easy to make money online as most articles about the subject say?
Well… it depends entirely on you!
There are three variables that really matter: Knowledge, Will, and Action.
And the success you get is the product of these three.
Knowledge x Will x Action = Success
If you have knowledge and Will, but take no Action, you won’t succeed.
You get the same result if you have will and take action, but no knowledge of what you’re doing.
My favorite quote is ‘a journey of a thousand miles begins with the first step!’ by Chinese philosopher Lao…
So, in the journey of making money online, the first step is to improve your knowledge!
But, how do you learn to make money online?
There hundreds of possible ways to make money online…
Do they all work?
Do you need to know all the techniques?
No, you don’t…
Some techniques may not fit you.
For example, lots of people sell their expertise online… but if you’re not an expert (no knowledge in the equation) in any particular niche you won’t succeed.
Another way can is to sell your old stuff on eBay for immediate profit… but again if you don’t have old stuff to sell you won’t succeed either.
In this post, I’ll list (and briefly explain) dozens of techniques to help you start earning money online…
I’ll try to present you with the pros and cons of each strategy to help you decide if it fits you or not.
But nothing matter at all if you do NOT have the WILL to succeed.
You need to change your mindset… to a WINNER’s mind-set.
Emotions and bad habits are usually the biggest obstacles to success.
You need to really be able to manage your emotions quickly and easily, and wipe out negative habits and quickly create positive ones.
Frequent negative habits will lead you to failure more often.
And emotions won’t be helpful when dealing with failures…
But if you don’t act… nothing happens! Right?
It happened to me in the past…
I’ve bought dozens of books and took numerous courses on Internet Marketing strategies, but then all I did was move on to the next book or course, and I was always delaying my actions to implement the strategies I had learned.
Don’t make the same mistake I did!
Most people, don’t take action because they are afraid to fail.
Let me help you with this.
You will fail… several times.
Nobody likes to fail, but that’s part of the process.
You fail, you learn from it to guarantee you won’t repeat the mistakes, and then you move on!
Again… Take action!
So as promised here’s the list of 16 techniques to make money online for beginners.
1. Offering a Service (Freelancing)
If you have any kind of expertise you can sell it online.
Whether you’re looking for another way to pay the bills, seeking more professional development opportunities or just enjoy the freedom that it offers, freelancing is a serious option!
Here are the most in-demand freelance positions:
- Graphic Design
- Customer Service
- Virtual Assistance
- Internet Marketing
|1. You can start it today with zero up-front investment.|
|2. You can choose when you work.|
|3. You can choose where you work.|
|4. You can choose what you work on.|
|5. You can ‘fire’ bad clients|
|1. It’s very competitive.|
|2. You’ll be competing with very low prices from India, Bangladesh, Philippines and other Asiatic countries.|
|3. Incoming work isn’t guaranteed.|
|4. Inconsistent monthly income.|
2. Teaching, Training & Coaching
eLearning is a huge market.
It is worth around $120 billion dollars of revenue per year.
And it’s a growing business because there’s a growing demand.
|1. Creating an online training business isn’t hard.|
|2. It’s not hard to implement if choose the right app.|
|2. Modern courses are based on video… So, you’ve got to invest time to plan the modules/lessons and shoot the videos.|
- Smart Member
3. Sell your Stuff & Reselling products
Using online auctions is probably one of the oldest ways to make money online.
There are still many ways to earn a living by selling online, whether you’re selling what you already have or buying and selling like a store.
Things you need:
- A PayPal account
- Taking good pictures (any acceptable smartphone will take awesome pictures…)
- Write good product descriptions (be honest when describing your item… don’t hype!)
|1. Credibility and trust… eBay or Amazon are known and trusted company.|
|2. Immediate access to millions of potential customers!|
|3. Ease of use.|
|2. Lots of competition.|
4. Creating & Selling Products
If you have an expertise in ANYTHING then you can package it into a book, course, software, audio program, DVD, and so on.
The best way to get the word out and sell these products is with webinars.
|1. You’ll make more money when compared with affiliate offers… You get all the margin!|
|2. You control the branding.|
|3. You’ll be able to create buyer’s lists for future monetization.|
|1. You have to invest time to create the product.|
|2. Riskier than promoting and selling affiliate offers.|
|3. You have to deal with shipping (if it’s a physical product) and customer support|
5. Affiliate Marketing
Affiliate marketing is the process of earning a commission by promoting other people’s products.
You find a product you like, promote it to others, and earn a percentage of the profit for each sale that you make.
The beauty of affiliate marketing is that you don’t have to invest time and effort to create a product to sell.
|1. It takes no marketing skills to get started.|
|2. Ease of setting up.|
|3. You have to make a minimum investment.|
|4. You can create multiple areas of income quickly.|
|5. You are not selling your own product or service.|
|6. You don’t have to handle any of the customer service issues.|
|7. Automatic income generation.|
|1. Growing competition.|
|2. Doesn’t happen overnight… an effort has to be made!|
|3. You’ll only get a percentage of the profit.|
6. CPA Marketing
CPA stands for Cost Per Action for those of you who do not know what it is.
It means instead of getting paid per sale, you are getting paid per action.
The action can be anything from actually submitting an email or a ZIP code to simply filling out a form.
As an affiliate, you can benefit from earning a small commission each time a customer you send to the advertiser’s page completes the action.
If you have your own website with good traffic or think you can set one up, it’s relatively simple to monetize it using CPA marketing.
|1. No risks.|
|2. Low initial investment.|
|3. The top offers convert like FIRE!|
|4. It’s easier to get leads then it is to get sales.|
|1. Usually, payouts are much smaller.|
|2. You need to know how to build landing pages|
|3. CPA Networks are harder to get on, and some offers need approval.|
7. Video Marketing
Video marketing is undoubtedly one of the rising stars in marketing corridors, thanks to social integration and investments made mainly by YouTube and Facebook.
|1. Video is engaging.|
|2. Video is memorable.|
|3. Video is popular.|
|4. Video is as close to a full-sensory experience.|
|1. It’s time-consuming.|
|2. You can’t force viewership.|
8. Content Revenue Sharing With AdSense
Revenue-sharing programs are usually free.
Advertising companies make their money by splitting advertising revenue with you, rather than through monthly or yearly fees.
The most know content revenue sharing program, and perhaps the one with the biggest potential, is Google Adsense.
AdSense is an advertising placement service by Google.
The program is designed for website publishers who want to display targeted text, video or image advertisements on website pages and earn money when site visitors view or click the ads.
|1. High payouts (Adsense publishers get 68% share).|
|2. It’s easy to setup.|
|3. Good performance.|
|4. No minimum traffic requirement.|
|5. Very high CPC.|
|6. Live publishers reporting system|
|1. Approval is not easy.|
|2. You’ll only earn money if you can get quality traffic to your site.|
|3. Easy to have your account banned with little chance of a successful appeal.|
|4. Google can change its policies anytime, and your income could suddenly disappear.|
Before the rise of social media, blogging had entered a realm of its own, from fad to industry.
There are fewer people today blogging, but it still presents huge opportunities if done the right way.
|1. You are able to express yourself on your own time, with your own voice.|
|2. You get to work when you want from anywhere you want.|
|3. A great way to share your expertise in something.|
|4. Blogging can help you obtain more customers to an existing business.|
|5. Sponsorship opportunities are great.|
|1. As rewarding as it can be, it’s hard work.|
|2. Blogging can get tedious and sometimes people get lazy about it.|
10. Site Flipping
Website Flipping is one of the top ways of making money online.
It’s the art of buying, improving and selling websites.
The concept comes from the real estate industry where investors will buy a property, renovate it to add value, and then sell it at a higher price.
Website flipping is essentially the same process online.
|1. Can be extremely profitable.|
|2. Making significant changes on websites that can generate some real high-value often require minimal investment and work.|
|3. Long-term income is a real possibility.|
|1. There is a learning curve.|
|2. You must invest some time and research to ensure that you’re not wasting your time, efforts and money.|
11. Paid Surveys
Most of the companies use surveys as part of their market studies.
So, they are willing to pay people to take those surveys.
|1. These sites are great for earning some extra cash.|
|2. Do not require any educational background or skills to answer them.|
|3. Do not demand much time… You can do a survey in just five minutes.|
|4. You can join them free.|
|5. You do not have any obligations or set working time.|
|1. They won’t make you a millionaire.|
|2. Paid surveys are prone to scamming.|
|3. Some of the surveys have location restrictions.|
12. PPC Marketing
PPC stands for pay-per-click, a model of internet marketing in which advertisers pay a fee each time one of their ads is clicked.
It’s an easy way of buying visits to your site, rather than attempting to get those visits organically.
PPC is great to get visitors with buyer intention…
So, if you’re something you may want to try PPC Marketing with, for instance, Google AdWords.
|1. Allow you to set your own budget.|
|2. You can target specific keywords.|
|3. You get faster results than organic search traffic.|
|1. It takes some capital to get started.|
|2. Some say that ‘click fraud’ is a real thing.|
|3. The cost of bidding for some keywords can be really expensive.|
|4. Bidding wars.|
13. Email Marketing
Email marketing is directly marketing a commercial message to a group of people using email.
In fact, one of the best ways to create an asset, it’s to create targeted email lists.
This way, you’ll be able to communicate and market to those in the list.
To do that you’ll need an email autoresponder software.
With this software, you’ll be able to automatically deliver a scheduled series of emails and email broadcast whenever you want.
|1. You get an instant snapshot of effectiveness.|
|2. You can direct repetitive traffic to your website.|
|3. It is a cost-effective way of engaging your audience.|
|4. It helps to build relationships.|
|5. Every email can be customized.|
|1. Low open and click rates|
|2. Spam filters kill a lot of email marketing opportunities.|
14. Create a Membership Site
Membership sites are a great way to earn money online.
The greatest benefit of running your own membership site is the recurring payments that you receive every month!
Once you have established a good membership base then you can start to earn a lot of money from your business!
|1. They are the best online business model I know of.|
|2. Monthly recurring payments.|
|3. Build loyalty.|
|4. Building a highly qualified and attentive email list.|
|1. Never being able to get lazy… You have to create constant value!|
|2. Huge commitment is needed!|
|3. Technical issues… if you can’t deal with them, you can lose members.|
15. Social Media Marketing
Social media marketing refers to the process of gaining traffic or attention through social media sites.
|1. You can reach customers that traditional marketing misses.|
|2. You can build brand loyalty.|
|3. You can learn how to improve your products and services.|
|4. Cost-efficient in comparison with other marketing methods.|
|5. Social Media Marketing is fast.|
|1. It’s time-consuming.|
|2. It can generate negative users.|
|3. Makes You lose control of what is posted|
16. Designing & Selling T-Shirts Online
Well… This is another cool way to earn some cash online.
Just come up with a T-shirt idea… Create (or outsource) the design and use platform like TeeSpring to sell it.
|1. If you’re a designer, you can create and launch dozens of designs in no time.|
|2. Huge margins|
|3. You don’t have to deal with the printing, delivery and customer support.|
|1. Creating designs may by expensive.|
|2. Lots of competition.|
|3. You have to spend some bucks (for example, with FB Ads) to promote your designs.|
So, these are probably the best ways to make money online. So, choose one of these techniques and give it a shot!